SEC Form 4 · accession 0001310524-16-000030
LA-Z-BOY INC · LZB
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
John Douglas Collier
Officer — Senior Vice President
Period of report
Mar 11, 2016
Accepted (ET)
Mar 15, 2016 · 4:43 pm EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0000057131
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common Shares | Mar 11, 2016 | M | 7,908 | $7.75 | A | 98,410 | D | |
| Common SharesF2 | Mar 11, 2016 | S | 7,908 | $25.4189 | D | 90,502 | D | |
| Common Shares | holding | — | — | — | 12,000 | I | by Spouse IRA |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Stock Options (right to buy)F1 | $7.75 | Mar 11, 2016 | M | 7,908 | D | Jul 14, 2011 | Jul 14, 2020 | Common Shares | 7,908 | 0 | D |
Explanation of responses
- F1These options were granted under the La-Z-Boy Incorporated 2010 Omnibus Incentive Plan and become exercisable in four equal annual installments beginning on the date shown in the Date Exercisable column.
- F2The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $25.41 to $25.47, inclusive. The reporting person undertakes to provide to issuer, any security holder of issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth in this footnote.